

Southeast Asia Gains from US–China Trade Rift as Exports Accelerate
Southeast Asia has emerged as a beneficiary of the US–China trade rift, with exports to the United States growing faster than China’s, according to analysis by the Lowy Institute. Shipments from the 11-member ASEAN bloc to the US rose 23% in September from a year earlier, led by Thailand and Vietnam, while China’s share of the American market declined. The divergence reflects steep US tariffs on Chinese goods, averaging 31%, compared with roughly 11% for many Southeast Asian
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